Victory Floating Correlations
RSFCX Fund | USD 7.97 0.01 0.13% |
The current 90-days correlation between Victory Floating Rate and Profunds Large Cap Growth is 0.26 (i.e., Modest diversification). The correlation of Victory Floating is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Victory |
Moving together with Victory Mutual Fund
0.76 | UINCX | Income Fund Income | PairCorr |
0.9 | UINQX | Usaa Nasdaq 100 | PairCorr |
0.93 | SRVEX | Victory Diversified Stock | PairCorr |
0.75 | UITBX | Intermediate Term Bond | PairCorr |
0.9 | SSGSX | Victory Sycamore Small | PairCorr |
0.89 | SBFCX | Victory Incore Investment | PairCorr |
0.92 | SBFMX | Victory Portfolios | PairCorr |
0.91 | MMEAX | Victory Integrity | PairCorr |
0.91 | MMIJX | Victory Integrity Mid | PairCorr |
0.91 | MMMMX | Victory Integrity | PairCorr |
0.91 | MMMSX | Victory Integrity | PairCorr |
0.93 | MNNAX | Victory Munder Multi | PairCorr |
0.73 | IPFIX | Victory Incore | PairCorr |
0.92 | RSDYX | Victory Incore Low | PairCorr |
0.7 | RSENX | Victory Sophus Emerging | PairCorr |
0.88 | RSEGX | Victory Rs Small | PairCorr |
0.87 | RSDGX | Victory Rs Select | PairCorr |
0.98 | RSFYX | Victory Floating Rate | PairCorr |
0.91 | RSGGX | Victory Rs Global | PairCorr |
0.87 | RSGFX | Victory Rs Select | PairCorr |
0.9 | RSGRX | Victory Rs Growth | PairCorr |
0.98 | RSFMX | Victory Floating Rate | PairCorr |
0.99 | RSFLX | Victory Floating Rate | PairCorr |
0.89 | RSIFX | Victory Rs Science | PairCorr |
0.83 | RSIYX | Victory Rs Investors | PairCorr |
0.85 | RSMOX | Victory Rs Mid | PairCorr |
0.82 | RSPFX | Victory Rs Partners | PairCorr |
0.91 | RSNRX | Victory Global Natural | PairCorr |
0.92 | RSNYX | Victory Global Natural | PairCorr |
0.81 | RSPMX | Victory Rs Partners | PairCorr |
0.87 | RSSYX | Victory Rs Select | PairCorr |
0.84 | RSVAX | Victory Rs Value | PairCorr |
0.85 | RSVYX | Victory Rs Value | PairCorr |
0.88 | RSYEX | Victory Rs Small | PairCorr |
0.95 | RSYYX | Victory High Yield | PairCorr |
Moving against Victory Mutual Fund
0.48 | GUTEX | Victory Tax Exempt | PairCorr |
0.37 | ULTIX | Usaa Tax Exempt | PairCorr |
0.47 | RSTYX | Victory Tax Exempt | PairCorr |
Related Correlations Analysis
0.99 | 0.99 | 1.0 | 1.0 | 1.0 | 0.98 | LGPSX | ||
0.99 | 0.99 | 0.99 | 1.0 | 1.0 | 0.98 | FLRAX | ||
0.99 | 0.99 | 0.98 | 0.99 | 0.99 | 0.97 | AMFFX | ||
1.0 | 0.99 | 0.98 | 0.99 | 0.99 | 0.98 | AMONX | ||
1.0 | 1.0 | 0.99 | 0.99 | 1.0 | 0.98 | OWLSX | ||
1.0 | 1.0 | 0.99 | 0.99 | 1.0 | 0.98 | LCIAX | ||
0.98 | 0.98 | 0.97 | 0.98 | 0.98 | 0.98 | LMISX | ||
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Risk-Adjusted Indicators
There is a big difference between Victory Mutual Fund performing well and Victory Floating Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Victory Floating's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
LGPSX | 0.77 | 0.42 | 0.13 | (1.30) | 0.37 | 2.40 | 5.28 | |||
FLRAX | 0.66 | 0.36 | 0.09 | (1.31) | 0.26 | 2.00 | 4.95 | |||
AMFFX | 0.48 | 0.24 | (0.05) | (1.19) | 0.30 | 1.52 | 3.62 | |||
AMONX | 0.71 | 0.37 | 0.09 | (1.34) | 0.35 | 2.22 | 4.88 | |||
OWLSX | 0.47 | 0.27 | 0.01 | (1.67) | 0.00 | 1.45 | 3.37 | |||
LCIAX | 0.62 | 0.33 | 0.06 | (1.30) | 0.34 | 2.06 | 4.96 | |||
LMISX | 0.58 | 0.10 | 0.12 | 0.35 | 0.00 | 1.81 | 4.79 |